Waycross Investment Management Co Invests $25.49 Million in Invesco International Developed Dynamic Multifactor ETF $IMFL

Waycross Investment Management Co purchased a new position in Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) during the second quarter, Holdings Channel.com reports. The fund purchased 742,266 shares of the company’s stock, valued at approximately $25,489,000. Invesco International Developed Dynamic Multifactor ETF accounts for 14.9% of Waycross Investment Management Co’s portfolio, making the stock its 2nd largest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. Jones Financial Companies Lllp bought a new stake in shares of Invesco International Developed Dynamic Multifactor ETF in the first quarter valued at $261,000. Jane Street Group LLC bought a new stake in Invesco International Developed Dynamic Multifactor ETF in the 1st quarter valued at about $3,546,000. Cetera Investment Advisers lifted its holdings in Invesco International Developed Dynamic Multifactor ETF by 4.1% during the second quarter. Cetera Investment Advisers now owns 16,934 shares of the company’s stock valued at $469,000 after purchasing an additional 660 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in Invesco International Developed Dynamic Multifactor ETF during the second quarter valued at about $135,000. Finally, Raymond James Financial Inc. bought a new position in Invesco International Developed Dynamic Multifactor ETF during the second quarter worth about $191,000.

Invesco International Developed Dynamic Multifactor ETF Stock Up 0.5%

IMFL opened at $34.71 on Thursday. The company has a market capitalization of $720.23 million, a price-to-earnings ratio of 19.09 and a beta of 0.77. The firm has a 50-day moving average price of $34.31 and a 200-day moving average price of $33.67. Invesco International Developed Dynamic Multifactor ETF has a twelve month low of $27.00 and a twelve month high of $36.28.

About Invesco International Developed Dynamic Multifactor ETF

The Invesco International Developed Dynamic Multifactor ETF (IMFL) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a developed market ex-US index that holds large- and some mid-cap equity securities based on multiple factors. Securities are selected depending on the stage in the economic cycle of the overall market. IMFL was launched on Feb 24, 2021 and is managed by Invesco.